El Salvador started using Bitcoin as a legal tender a year ago after President Nayib Bukele made a contentious choice. The public welcomed the new chance with enthusiasm, but since then, Bitcoin's value has fallen, and some experts believe the initiative was a disaster.
Bitcoin is up 2.72% today, Ethereum is up 8%, and Solana is up nearly 5% as the cryptocurrency markets rebound.
This Thursday morning, cryptocurrency markets are up. Pololu, Polygon, and Ethereum have made gains. Shiba Inu and Dogecoin, two meme coins, have also increased in value over the past 24 hours. Volatility has been seen in stablecoins.
"More CBDC news," the Ripple advisor teases.
According to Ripple, it may soon reveal additional information regarding its central bank digital currency projects. Advisor to the CBDC Antony Welfare
The last session saw a 3.1% increase in BTC/USD. The latest session saw a massive 3.1% increase in the Bitcoin-Dollar pair. The MACD is sending a negative signal. Resistance is at 20712.8113, while support is at 17730.3773.
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